Google Cloud partners with Polygon Labs, adding yet again to its growing roster of Web3 firms

Google Cloud introduced on Thursday an expansive partnership with Polygon Labs, which develops software program for and helps the Polygon ecosystem of blockchains. 

As a part of the tie-up, the cloud computing big will add assist for Polygon, a group of layer-2 blockchains constructed on prime of Ethereum, to its Blockchain Node Engine. At the moment, the Blockchain Node Engine, a streamlined means for builders to entry and use blockchains on Google’s servers, solely helps Ethereum and Solana.

Furthermore, Google Cloud will construct out infrastructure to assist Polygon zkEVM, a brand new blockchain inside the Polygon ecosystem not too long ago launched to a lot fanfare, and by the top of the third quarter, it can additionally assist builders deploy application-specific blockchains constructed with Polygon tech on its servers.

“Google Cloud supporting the entire Polygon protocols is a step in the fitting route to assist onboard extra individuals into Web3,” Ryan Wyatt, president of Polygon Labs, stated in an announcement.

And at last, Google’s cloud computing arm will present startups backed by Polygon Ventures—a fund that invests in companies constructing on Polygon—with an a variety of benefits, together with credit to spend on internet hosting software program on Google Cloud’s servers and entry to the cloud companies supplier’s newly introduced Web3 startup program. In actual fact, Google Cloud had already introduced on Tuesday that profitable candidates to the Web3 startup program are eligible to entry a pot of $3 million in devoted funding from the Polygon Ventures Ecosystem Fund, amongst different perks.

“The business is experiencing a flight to high quality as companies search to attenuate threat when exploring new prospects in Web3,” Mitesh Agarwal, a managing director at Google Cloud, stated in an announcement.

Regardless of the continuing chill of Crypto Winter and a regulatory crackdown from the U.S. authorities, Google Cloud’s tie-up with Polygon Labs is additional proof of the cloud computing big’s accelerating flurry of consideration to Web3 from late 2022 by means of 2023.

Within the first half of 2022, Google Cloud introduced the formation of its digital belongings and Web3 engineering groups. Then, after a ramp-up interval, it started a gentle marketing campaign because it partnered with labs and foundations to assist quite a lot of blockchains, together with BNB Chain, Solana, Aptos, Tezos, Casper, and Celo.

Google Cloud’s partnership with Polygon Labs, nevertheless, is extra intensive than lots of its prior affiliations with blockchain protocols. Its assist for Celo, for instance, boiled all the way down to an extension of its current Google for Startups Cloud Program to the blockchain’s builders. Whereas the cloud computing big is extending comparable advantages to Polygon builders, it’s additionally tailoring its infrastructure to Polygon’s ecosystem, which has not too long ago claimed numerous brand-name purchasers, together with Starbucks and Mastercard.